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Eggplant sold to Keysight Technologies for $330m

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Eggplant, the UK-based software test automation specialist , has been acquired by NYSE-listed Keysight Technologies, the electronics testing and software maker. Eggplant was sold by private equity firm Carlyle Group for $330m, Keysight said. 

“The combination of Keysight and Eggplant brings together two complementary companies to create an innovative force in the automated software test market across the physical and protocol layers and into the application layers,” Keysight said in a press release. “The acquisition enables bi-directional leverage of measurement technologies between both companies, resulting in increased solution differentiation in the expanded offering.”

Founded in 2008, Eggplant has established itself as a leader in software test automation, with a platform that uses artificial intelligence and analytics to automate test creation and test execution. 

“As a recognised leader and trusted advisor in layer 1-7 design and test, Keysight is excited to add Eggplant’s test capabilities for the software application layer, aligning with our strategy to grow our first-to-market software-centric solutions,” said Ron Nersesian, Keysight chairman and CEO. 

Eggplant had 2019 revenue of US $38 million and its CEO, John Bates, will join the Keysight leadership team reporting to Soon Chai Gooi, president of Keysight’s Electronic Industrial Solutions Group.

Read our 2018 interview with  John Bates here.